Wednesday, October 9, 2024

♟ Two Sectors That Could Explode as Hurricane Milton Approaches

Trade of the Day Logo

View in browser

Stock charts

"Hurricane Milton is a serious storm with serious financial implications at stake."

Karim Rahemtulla, Head Fundamental Tactician, Monument Traders Alliance

Karim Rahemtulla

We're in the midst of a second major Hurricane event in Florida in less than 2 weeks.

Hurricane Milton, or "uncle Miltie" as I've been calling it, is scheduled to make landfall in my home state of Florida tonight.

I've been preparing for this storm over the last few days, and I'm already looking at potential major financial implications from it.

Generac is one company I've recommended multiple times dating way back to spring in The War Room. Generac makes generators, which are a huge help for those without power from storms like Hurricanes.

Those trades have been doing very well, and we recently closed a 19.62% winner on GNRC in less than 1 trading day before Hurricane Helene made landfall.

But I believe Milton could have even bigger financial implications beyond just generator companies. After all, a generator won't do much good if it's underwater.

So here are two key sectors I'm looking at ahead of this storm.

Turn Zero Day Options (0DTE)... Into OVERNIGHT Options...

With the chance at up to 383% payouts!

You make ONE trade... With ONE ticker symbol (see the symbol here).

Forget Day Trading - Target Overnight
 

And get this... these trades can win whether the market surges... or crashes.

Next LIVE Trade: Tuesday at 2 p.m. ET

Sector No. 1 - Insurance Companies

In 1992, Florida got hit by one of the worst Hurricanes on record - Hurricane Andrew.

This hurricane impacted Homestead - a small town which is about 40 miles south of Miami. This tiny area had 63,000 homes - all of which were destroyed. The total damage came to $26 billion in insured losses - which is $60 billion in today's dollars.

But unlike Andrew, which impacted a smaller area, Hurricane Milton is predicted to hit either the Tampa Bay or Fort Myers areas. These are more heavily populated and developed than Homestead was back in 1992.

I believe this storm could result in over $100 billion in damage, and I'm being generous with that estimation.

Even if Milton doesn't end up causing as much damage as weather experts predict, there will still be major problems considering the heavily developed areas its predicted to impact.

That's why insurance companies are one sector to consider.

These companies are going to be raising and even doubling their rates. They'll also be jacking up their deductibles.

Sector No. 2 - Home Repair Companies

Aside from insurance companies, I also believe home repair companies are going to be printing money after this storm.

Companies that make sheet rock, drywall, roofing materials, and duct tape. All important protection and home repair materials for those in the storm's path. We've already closed a winning trade on Home Depot in less than 1 trading day in The War Room earlier this week.

I'd suggest doing a search and find out which companies are making drywall - which a lot of drywall comes from China now.

Also, since Hurricane Milton is going to pack high winds, I'd also suggest looking at the companies making roofing shingles since roof shingles are going to be blowing off.

And because your deductibles are going to be $20-50,000, Florida residents are likely going to fix their houses themselves.

Logo

YOUR ACTION PLAN

When it comes to a potentially historic weather event like Hurricane Milton, insurance and home repair companies key areas we'll be watching. If you want to start getting our weekly trade recommendations, I invite you to join us in Catalyst Cash-Outs. Every week Bryan and I make on specific trade based on the biggest catalyst events happening that week.

Click here to start receiving all of our catalyst trades as we make them.


INSIGHTS YOU MAY HAVE MISSED

Trending Higher - Trane Technologies

Trane Technologies (TT) Poised for Explosive Gains Amid Market Consolidation

Image of the Ally app

The Most Reliable Trading Strategy I've Ever Developed

Gold and Silver bars

1oz Gold for $20? Insiders Say Yes

Calls and Puts

Why ITM's Have Such a High Success Rate

83% Win Rate When the S&P 500 Is DOWN? (SEE HOW)

Worried and anxious senior business man looking at the newspaper with shock and terror on his face
 

Since August of last year, Nate's "One Ticker Payouts" has become one of the hottest investing strategies...

With an outstanding 83% win rate... all while the S&P 500 was DOWN -0.48%.

WATCH HOW HE DOES IT
Instagram

Follow Us on Instagram!

FACEBOOK

YOUTUBE

 

No comments:

Post a Comment

Set Your Alarm For 1:59 P.M. on January 31st Because THESE Stocks Set To Rocket Up

1:59 P.M. on January 31st. Set an alarm for that. Because you need to be prepared for an event that will send a certain group ...